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Feb 10, 2013
02/13
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the debt and deficit problem is also a problem of economic growth. we don't have too many economic problems that a few extra points of gdp growth wouldn't solve. the economy is sort of okay, improving. housing is coming up. the stock market is doing well and manufacturing is coming back to life. if we can get the economy moving in a positive direction that will help with the debt and deficit and other issues. i want to hear concrete proposals for creating jobs and expanding the economy. >> how do we get there? you've been in washington, you're an independent. the parties are like this. >> no kidding. >> did you expect it to be that bad? >> i didn't have any illusions but there are a few signs of hope. negotiations on the filibuster rule change. didn't get as much as i want but that's compromise. a bipartisan serious discussion on immigration. i don't think we expected that. let's hope there's positive movement. but yeah, the warfare is still a big part of the deal. >> it's on both sides. the critics accuse of president of my way or the highway yet jo
the debt and deficit problem is also a problem of economic growth. we don't have too many economic problems that a few extra points of gdp growth wouldn't solve. the economy is sort of okay, improving. housing is coming up. the stock market is doing well and manufacturing is coming back to life. if we can get the economy moving in a positive direction that will help with the debt and deficit and other issues. i want to hear concrete proposals for creating jobs and expanding the economy....
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Feb 7, 2013
02/13
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MSNBC
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and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fuel subsidies for oil companies that are raking in massive profits. exxonmobil, you know what their profit was? $44 billion in 2012. the last thing they need right now is your tax dollars as subsidy. the balancing act also closes other pointless loopholes the rich take advantage of. we should point out mitt romney ran on a similar tax plan. his former running mate paul ryan should love the balancing act because it reduces the deficit. everyone inside the beltway considers mr. ryan just a very serious person. but here is how paul ryan wants to reduce the deficit, with nothing but cuts. and here is the balanced approach from the progressive caucus. you know, when we need budget advice in the future, i think we should kind of push paul ryan of
and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fuel subsidies for oil companies that are raking in massive profits. exxonmobil, you know what their profit was? $44 billion in 2012. the last thing they need right now is your tax dollars as...
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Feb 8, 2013
02/13
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this after a report showed the united states trade deficit narrowed sharply in december. stocks are also boosted by strong earnings reports. the dow up 62. the nasdaq is up 26. >>> the united states justice department is considering a lawsuit against moody's for defrauding investors. it's sources say the government could wait until that has worked its way through the courts before taking action against moody. both services accused of inflating the ratings of some mortgage bonds to drive business leading to the subprime meltdown. >> will -- the gains are look for another sweep. pam cook is in studio now with what goes on outside the ballpark. >> reporter: that's right. the giants are asking you to join the team in another big sweep. >> the giants have won it all. playing off the sweep in the world serious they are teaming up with public works to clean up the streets of san francisco. san francisco has been voted one of the dirtiest cities in the country and if you have been there recently or live there you know there is a lot of trash on the streets. the mayor is revealing
this after a report showed the united states trade deficit narrowed sharply in december. stocks are also boosted by strong earnings reports. the dow up 62. the nasdaq is up 26. >>> the united states justice department is considering a lawsuit against moody's for defrauding investors. it's sources say the government could wait until that has worked its way through the courts before taking action against moody. both services accused of inflating the ratings of some mortgage bonds to...
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Feb 10, 2013
02/13
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>> the money supposedly is going to reduce the deficit. but the problem is, the sequestration is indiscriminate. if you let leon panetta do those cuss and figure out where they should come from and did it with a scalpel that would be fine. but i think the defense department can handle this. the president is not going to come up with cuts and programs that he wants if the republicans don't say what they want. whether they want it to be the virgin birth of spending cuts. >> ryan, you and i know that the 95 billion goes back in the private sector. what happens to it then? then it becomes much more lucrative than 85 billion because it's reinvested. where? in private enterprise, correct? >> it doesn't necessarily go back into the private sector. it van issues. >> how does that happen? >> they don't borrow. >> it's not being borrowed. >> but if it's still -- if it's no longer borrowed, and in the private sector where it is functioning under the rules of -- >> sitting in the banks. >> and the program matt sound capitalism. issue three. gop soul s
>> the money supposedly is going to reduce the deficit. but the problem is, the sequestration is indiscriminate. if you let leon panetta do those cuss and figure out where they should come from and did it with a scalpel that would be fine. but i think the defense department can handle this. the president is not going to come up with cuts and programs that he wants if the republicans don't say what they want. whether they want it to be the virgin birth of spending cuts. >> ryan, you...
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Feb 8, 2013
02/13
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what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the president's speech, the white house released numbers on the people affected by the cuts. i believe around 600,000, between 600,000 and 800,000 suffering as a result of cuts to food stamps and other program that is people need to survive these days and at least some of the analysis out there, democrats feel that they can win this argument over these cuts and that it's likely we're going to hear from the president words like corporate jets, big oil in the state of the union positioning the every day working people against those against who says he not paying their fair share. >> i think there was an interesting speech this week earlier from eric cantor, the house majority leader. i think people want to hear about more than just the deficit numbers but really concrete measures that are going to be enacted to make their lives better and what people are
what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the president's speech, the white house released numbers on the people affected by the cuts. i believe around 600,000, between 600,000 and 800,000 suffering as a result of cuts to food stamps and other program that is people need to survive these days and at least some of the...
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Feb 10, 2013
02/13
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he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600 billion in tax revenue. we are not at the issue of spending cuts. no one wants to talk about it in either party. there is leak today that the president in the speech will talk about debt and deficit reduction because they saw the pew poll that shows this is what people care about. the polls show it. the public pegs this debt problem to the part of the reason why the economy is lagging yet the president ignores this. >> he never mentioned any of this in the inaugural. remember, it is not a spending problem? he never mentioned the economy and now the numbers are
he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600...
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Feb 10, 2013
02/13
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. >> evan, according to the congressional budget office, the deficit is shrinking and will continue for a while, but it will increase later because of an aging population and expansion of federal subsidies. cbo is predicting that by 2023, ifs continue -- if current laws continue, it will be on an upward path and tell that to your children and grandchildren. >> paul krugman has convinced a lot of my liberal friends that it is okay to kick this down the road. >> he actually used those words. >> terrible idea. it courts all kinds of disasters. sounded -- the interest rate spikes. it takes a long time to fix these problems. sequestration is a crude, ugly tool, but if it had the effect of making people get serious about entitlement reform, it would not be so bad. >> colby, what do you think? >> going back to charles' column, he says that it is the first time since the election the president obama has been on the defense. i don't think that is true. i agree with mark on this, that republicans will bear the brunt of this initially because they are seen as the obstructionists. looking at it in
. >> evan, according to the congressional budget office, the deficit is shrinking and will continue for a while, but it will increase later because of an aging population and expansion of federal subsidies. cbo is predicting that by 2023, ifs continue -- if current laws continue, it will be on an upward path and tell that to your children and grandchildren. >> paul krugman has convinced a lot of my liberal friends that it is okay to kick this down the road. >> he actually used...
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Feb 9, 2013
02/13
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tell that to your kids and grandchildren. >> i am a boring deficit hawk, i say the same thing over and over again. paul krugman has convinced a lot of my liberal friends that it is okay to kick the can down the road. >> he actually used those words. >> terrible idea. it? all sorts of disasters. sudden interest -- it courts all sorts of disasters. it takes a long time to fix these problems. sequestration is a very crude, ugly tool, but if it actually has the effect of making people get serious about entitlement reform and tax reform, it would not be so bad. >> colby, what do you think? >> going back to charles' column, he said this the first time since the election the president obama has been put on defense. i don't think that is true. i agree with mark, the republicans will bear the brunt of this initially, because they will appear to be the obstructionists. looking at it in sheer political terms is the wrong way to look at this. this would have merkel implications if the economy tanks as a result of this -- global implications if the economy tanks as a result of this. >> you think th
tell that to your kids and grandchildren. >> i am a boring deficit hawk, i say the same thing over and over again. paul krugman has convinced a lot of my liberal friends that it is okay to kick the can down the road. >> he actually used those words. >> terrible idea. it? all sorts of disasters. sudden interest -- it courts all sorts of disasters. it takes a long time to fix these problems. sequestration is a very crude, ugly tool, but if it actually has the effect of making...
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Feb 10, 2013
02/13
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tell that to your kids and grandchildre >> i am a boring deficit hawk o this, i say the same thing over and over again. ul krugman ishas coconvinced a lot of my liberal friends that is okay to kick the can down the road.. >>>> he actually used those words. >> terrible idea. it courts all sorts of disasters. cited interest rate spikes -- it could haen overnight. it takes a long time to fix these problems. we have got to start on it now. sequestration is a cde, ugly tool. but if it has the effect of making people serious about entitlement and tax reforms, it would not be so bad. >> colby, what do you think?k? >> going back to charles' column, he says that this the first timeme since the election that presint obama has been put on defense. i don't think that is true. i agreree with m mark the republicans will bear the brunt of it ininitially, because they would be the obstructionists. looking at it and share political terms -- this h has cooool implications. -- global implications. >> nina, you think the american people are getting fed up with this? it has been going on for years. >> and m
tell that to your kids and grandchildre >> i am a boring deficit hawk o this, i say the same thing over and over again. ul krugman ishas coconvinced a lot of my liberal friends that is okay to kick the can down the road.. >>>> he actually used those words. >> terrible idea. it courts all sorts of disasters. cited interest rate spikes -- it could haen overnight. it takes a long time to fix these problems. we have got to start on it now. sequestration is a cde, ugly tool....
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Feb 5, 2013
02/13
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CNNW
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to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be finished before march 1st, and unfortunately that's the date when a series of harmful automatic cuts to job-creating investments and defense spend, also known as sequester, are scheduled to take effect. so, if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a
to pay down the deficit. and potentially to make our businesses more competitive. now, i think this balanced mix of spending cuts and tax reform is the best way to finish the job of deficit reduction. the overwhelming majority of the american people, democrats and republicans, as well as independents, have the same view. and both the house and the senate are working towards budget proposals that i hope reflect this balanced approach. having said that, i know that a full budget may not be...
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Feb 5, 2013
02/13
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a balanced approach has achieved more than $2.5 trillion in deficit reduction. that's more than halfway towards the $4 trillion in deficit reduction that economists and elected officials from both parties believe is required to stabilize our debt. so we've made progress. i still believe that we can finish the job with a balanced mix of spending cuts and more tax reform. the proposals that i have put forward during the fiscal cliff negotiations in discussions with speaker boehner and others, are still very much on the table. i just want to repeat, the deals that i put forward, the balanced approach of spending cuts and entitlement reform and tax reform that i put forward are still on the table. i have offered sensible reforms to medicare and other entitlements, and my health care proposals achieved the same amount of savings by the beginning of the next decade as the reforms that have been proposed by the bipartisan bowls simple son fiscal commission. these reforms radio reduce our government's bill. what's up, cameraman? come on, guys. they're breaking my flow a
a balanced approach has achieved more than $2.5 trillion in deficit reduction. that's more than halfway towards the $4 trillion in deficit reduction that economists and elected officials from both parties believe is required to stabilize our debt. so we've made progress. i still believe that we can finish the job with a balanced mix of spending cuts and more tax reform. the proposals that i have put forward during the fiscal cliff negotiations in discussions with speaker boehner and others, are...
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Feb 7, 2013
02/13
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during my courtesy calls with many of you i heard repeated references to a trust deficit that has at times existed between this committee and the cia. if i am confirmed, a trust deficit between the committee and the cia would be wholly unacceptable to me and i would make it my goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a representation for speaking my mind and at times doing so in a rather direct manner which some attribute to my new jersey roots. i like to think that my candor and bluntness will reassure you to get straight answers from me, maybe not always the ones you like but you will get answers and reflect any honest views. that's the commitment i make to you. i would like to finish by saying a few words about the importance of taking care of the women and men who serve in the cia. because of the secrecy that intelligence work requires, few americans will ever know the extraordinary sacrifices that these professionals and their families make every day. many of them risk their lives and at times have given their lives to keep
during my courtesy calls with many of you i heard repeated references to a trust deficit that has at times existed between this committee and the cia. if i am confirmed, a trust deficit between the committee and the cia would be wholly unacceptable to me and i would make it my goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a representation for speaking my mind and at times doing so in a rather direct manner which some attribute to my new jersey...
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Feb 9, 2013
02/13
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WMPT
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the unifying message of the republican party, the fiscal, our fiscal hours is out of order and the deficit is spiraling and we need to get that under control. you're also seeing republicans saying we can't just be about fiscal issues and in fact, the very beginning of that speech that majority leader cantor gave, let's put aside fiscal issues for a minute. let's talk about education. let's talk about health care. let's talk about immigration. they're trying to put sort of a kindler gentler face on the party because the exit polls show a lot of voters perceive mitt romney as sort of out of touch and removed from middle class concerns and not really someone who could relate to just the average american and the makeup of the party is a much wider republican party. >> right. >> every way by the polls. >> they can't survive that way. the demographic tide is moving. it was financey, the title of that speech that the majority leader said was make life work. it sounds like an oprah. gwen: i didn't get that. the speech didn't seem to be -- >> no, but i think -- but the sort of an oprah feel to it.
the unifying message of the republican party, the fiscal, our fiscal hours is out of order and the deficit is spiraling and we need to get that under control. you're also seeing republicans saying we can't just be about fiscal issues and in fact, the very beginning of that speech that majority leader cantor gave, let's put aside fiscal issues for a minute. let's talk about education. let's talk about health care. let's talk about immigration. they're trying to put sort of a kindler gentler face...
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Feb 6, 2013
02/13
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blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been under president obama. but the supposedly gigantic growth of those deficits is why congressional republicans are >>> in march 2007, some of the fine folks at morgan stanley were brainstorming via e-mail about what they wanted to call a new product they were working on. it was an investment package essentially that they would eventually go on to sell to a chinese bank. here are some of the potential product names that were suggested in this brainstorming session by a particular morgan stanley vice president. flutter fish 2007, or mike tyso
blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been...
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Feb 9, 2013
02/13
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deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough.
deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and...
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Feb 10, 2013
02/13
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reduction that the least emphasized method of reducing the deficit, we talk about spending, we talk about revenue, growth, and he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, oh, what, two something weeks, the entire budget could be turned on its head with the sequestration. across the board cuts and two sides that seem as far apart as ever on this issue. that will have a real impact both on the politics of what is going on in washington, as well as the economy. >> i was struck by your interview with rand paul, the sequestration was a pittance. that's a lot of money and you have the defense secretary and john brennan, lots of people saying the sequestration is a threat to the nation's security at this point, and yet rand paul is calling this a pittance, a tea party response to marco rubio. there is this ideological pull. the threat of being primaried. interesting to see how far they are willing
reduction that the least emphasized method of reducing the deficit, we talk about spending, we talk about revenue, growth, and he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, oh, what, two something weeks, the entire budget could be turned on its head with the sequestration. across the board cuts and...
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Feb 6, 2013
02/13
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we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for cuts and higher taxes to purchase growth in the future or do we reign in taxes. they need to know what to do about 85 billion in spinning cuts. republicans, no surprise said spending cuts only, that's been the mantra. jenna: that's where they are. and we'll see where potentially we meet in the middle. eventually we'll have to do something. big numbers out there. lori, thank you. jon: speaking of spending cuts, big changes could be coming to your mailbox. the u.s. postal service set to scrap saturday mail delivery. but does that cash-strap
we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for...
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Feb 10, 2013
02/13
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not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president to make a major issue of that in his speech? john? >> i think the president will address gun violence. he barely noted in his inaugural address. this is a time for policy prescriptions and following through. newtown has created an urgency behind this issue that the president, really does have an obligation to follow through on. and so i do expect that immigration and guns will be core aspects of this speech. but all underneath the larger framework about making the economy work for the middle class. and that will be, i believe, the frame of this, of this
not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president...
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Feb 5, 2013
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presidente le pidiÓ al congreso que busque maneras de suavisar estos recortes, la idea es que reduzcan el dÉficit. >>> la ayuda continÚa para los damnificados de sandy, a pesar que los fondos fueron aprobados, las quejas crecen de parte de los damnificados, blanca rosa nos dice de quÉ manera. >>> frente a la municipalidad y en medio de las bajas temperaturas, quienes no regresaron a casa fueron a protestar. >>> ahora estoy viviendo en un hotel, antes tenÍa mi apartamento, cuando sandy fue a nueva york se me fue todo, perÍi todo. >>> raquel rivera vite en este hotel pagado por la ciudad de nueva york con su hija de 7 aÑos. >>> no tenemos cocina, necesito comprar comida de afuera. >>> la supertormenta destruyÓ mÁs de 300 mil casas, pero solo 18 mil recibieron ayuda. en nueva jersey 346 mil casas daÑadas, solo 14 mil reparadas. el gobernador dijo que perdÍa la paciencia con las demoras en el reembolso. a una ho aÚn ahora viven mÁs de familias fuera de sus casas. >>> hizo subsidios de renta para 10 mil personas para mississippi pero aquÍ en nueva york no pasÓ. y creo que hay diferentes n
presidente le pidiÓ al congreso que busque maneras de suavisar estos recortes, la idea es que reduzcan el dÉficit. >>> la ayuda continÚa para los damnificados de sandy, a pesar que los fondos fueron aprobados, las quejas crecen de parte de los damnificados, blanca rosa nos dice de quÉ manera. >>> frente a la municipalidad y en medio de las bajas temperaturas, quienes no regresaron a casa fueron a protestar. >>> ahora estoy viviendo en un hotel, antes tenÍa mi...
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Feb 5, 2013
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under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next ten years u.s. debt will increase $10 trillion from a little more than 16 trillion-dollar now to more than $26 trillion in 2023. >> you can't raise enough tax to say pay for this problem. you won't grow fast enough to get rid of this problem. you ultimately have to deal with spending. >> after 2023, the debt begins to soar. >> after that it's going to grow and reach the trillion and go beyond the trillion. so at no point in the foreseeable future is the deficit going to come down to manageable level. >> noting repeatedly high debts are bad and dangerous as he put
under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next...
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Feb 12, 2013
02/13
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told reporters off camera that the president doesn't have the guts to make tough choices about the deficit because he won't take on the liberals in the democratic party. >> another litany of left wing proposals with plenty of meat for the base. >> reporter: he will discuss spending cuts, but it will be gun control that will likely sparkt emotional moments. attending as a special guest of the first lady, the parents of the chicago team who was gunned down just days after she evidence at the inauguration and nearly three dozen people personally affected by gun violence. the president is expected to announce anyone one year -- that one year from tonight, 33,000 troops will be home from afghanistan. >> you can catch the state of the union address right here on abc2 at 9:00. >> right after the president's address will come the opposition response. republican senator marco rubio and rand paul are expected to speak. rubio will talk about the president's plan on immigration reform and paul said his response will be different. >> there will be things i will emphasize that maybe marco doesn't. >> no
told reporters off camera that the president doesn't have the guts to make tough choices about the deficit because he won't take on the liberals in the democratic party. >> another litany of left wing proposals with plenty of meat for the base. >> reporter: he will discuss spending cuts, but it will be gun control that will likely sparkt emotional moments. attending as a special guest of the first lady, the parents of the chicago team who was gunned down just days after she evidence...
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Feb 10, 2013
02/13
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KGO
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reform, deficit reduction. these across-the-board cuts is not going to get us there because it's going to strangle our economy, slow growth which will increase the deficit and -- the choices that people are making here are across-the-board cuts, which could be 10,000 teachers or asking oil companies to pay their fair share. that's what -- >> the victims of the sequester, it's so funny to hear democrats cry about the sequester. democrats control the executive branch, they control the senate and they're in a position to negotiate with republicans who have put out two packages of alternative cuts so -- >> take those -- >> well -- >> -- in the senate in response. that's not take it or leave it. that's like the process. they haven't been able to pass anything, the president hasn't proposed anything with three weeks away. we acted in may of last year. we acted again in december. >> senator reid is not saying he will pass a budget out of the senate this year. but i want to bring this back to jon karl because when you
reform, deficit reduction. these across-the-board cuts is not going to get us there because it's going to strangle our economy, slow growth which will increase the deficit and -- the choices that people are making here are across-the-board cuts, which could be 10,000 teachers or asking oil companies to pay their fair share. that's what -- >> the victims of the sequester, it's so funny to hear democrats cry about the sequester. democrats control the executive branch, they control the...
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Feb 6, 2013
02/13
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FOXNEWSW
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is increasingly frustrated by the i insistence that the solution to deficit spending is more taxation. >>> president doesn't believe we have a spending problem. he genuinely believes the government spending causes economic growth. if that were true, the economy today would be thriving. it isn't thriving. >> washington has to deal with its spending problem. i watched them kick the can down 22 years down the road. its time to act. >> had he tahoe roundly dismiss the suggestion to postpone tens of billions of dollars of automatic spending cuts in defense and other departments on march 1st. defense secretary renewed pretty dire warnings today. listen.... >> my greatest concern today is that we are putting our national security at risk by lurching from budget crisis to budget crisis to budget crisis. >> only a couple hours after the speech. senate republicans unveiled their al downsize the government's civilian work force and freeze pay for members of congress. >> this is way of doing it without cutting defenses, without cutting desk and without raising taxes. >> reporter: republicans plan
is increasingly frustrated by the i insistence that the solution to deficit spending is more taxation. >>> president doesn't believe we have a spending problem. he genuinely believes the government spending causes economic growth. if that were true, the economy today would be thriving. it isn't thriving. >> washington has to deal with its spending problem. i watched them kick the can down 22 years down the road. its time to act. >> had he tahoe roundly dismiss the...
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. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season. tough loss last night. >> we will get you started with a look at weather forecast that promises to be interesting. >> absolutely. still winter but you would not know it by the last couple of weeks. live doppler 7 hd shows cloud cover out there but it is slow almost locking like marine layer clouds. they will pull back to the coast and bring us sunshine throughout the afternoon. there is no cloud hanging over you, literally, and it will go away later today. temperatures in the upper 30's to mid-40's. upper 40's around oakland and san francisco. now, temperatures, increasing sunshine at coast where we will have the grea
. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season....